Network Forensics Global Market Analysis, Trends, Growth, Research And Forecast 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Network Forensics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $5.96 billion In 2028 At A CAGR Of 14.8% :

The network forensics market size has grown rapidly in recent years. It will grow from $3.05 billion in 2023 to $3.44 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to increased sophistication of cyber attacks, need for incident investigation and response, compliance and regulatory requirements, proliferation of network security threats, growth in digital data traffic.

The network forensics market size is expected to see rapid growth in the next few years. It will grow to $5.96 billion in 2028 at a compound annual growth rate (CAGR) of 14.8%. The growth in the forecast period can be attributed to expansion of 5g networks, integration of artificial intelligence in network forensics, rise of iot and connected device threats, emphasis on threat hunting and proactive defense, increased focus on insider threat detection. Major trends in the forecast period include encrypted traffic analysis, cloud-based network forensics solutions, automation and orchestration in forensic investigations, integration with endpoint detection and response (edr), real-time network forensics for rapid response.

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Network Forensics Market Major Segments
The network forensics market covered in this report is segmented -

1) By Component: Solutions, Professional Services
2) By Deployment Mode: Cloud, On-premises
3) By Organization size: Small And Medium Enterprises (SMEs), Large Enterprises
4) By Application: Endpoint Security, Datacenter security
5) By Vertical: Banking, Financial Services And Insurance (BFSI), Government And Defense, Healthcare, Information Technology (IT) And Information Technology Enabled Services (ITeS), Manufacturing, Retail, Telecommunications, Transportation, Other Verticals

Key Driver - Rising Cybersecurity Concerns Propel Network Forensics Market Growth

The increasing incidence of cyberattacks and advanced threats is expected to propel the growth of the network forensics market going forward. Cyber-attacks refer to attempts to gain unauthorized access to a computer or a system, whereas an advanced persistent threat (APT) refers to a prolonged and targeted cyberattack in which an intruder gains access to a network and remains undetected for an ample period. Network forensics prevents cyber-attacks by capturing, recording, and analyzing network traffic and audit files. For instance, in February 2023, according to the Australian Cyber Security Centre, an Australia-based cyber security agency, the cybercrime reports received in 2022 were 76,000, up from 13% from the previous year. Also, according to ESET Threat Report T2 2021, researchers found a 7.3% increase in email-based attacks between May and August 2021, the majority of which were part of phishing campaigns, a sca*m created by cybercriminals to steal financial resources. Therefore, the increasing incidence of cyberattacks and advanced threats is driving the network forensics market growth.

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Prominent Trend - Enhancing Network Forensics Through IOT Integration For Advanced Cyber Threat Detection

The adoption of the internet of things (IoT) in the forensics industry is a key trend in the scientific network forensics market. Major companies operating in the network forensics market are adopting the internet of things (IoT) in the forensics industry to strengthen their position in the network forensics market. IoT network forensics is the practice of analyzing IoT devices to investigate crimes. For instance, in June 2022, NetWitness, a US-based network security monitoring software provider, launched NetWitness XDR, which delivers a robust set of capabilities helping customers stay ahead of the most sophisticated cyber threats and enabling extended detection and response (XDR). The updated platform offers full visibility into all key data planes across an organization, including network, logs, full Security Orchestration, Automation, and Response (SOAR), endpoint, and Internet of Things (IoT), User and Entity Behavior Analytics (UEBA), a complete Threat Intelligence Platform (TIP), and new asset analytics and prioritization, all easily viewed in a single interface and a unified data model.

Network Forensics Market Players
Major companies operating in the network forensics market report are Cisco Systems Inc., FireEye Inc., International Business Machines Corporation, LogRhythm Inc., NIKSUN Incorporated, RSA Security LLC, NetScout Systems Inc., Broadcom Inc., Blue Coat Systems, McAfee LLC, Viavi Solutions Inc., SolarWinds Inc., Gigamon Inc., Fidelis Cybersecurity Solutions LLC, Darktrace Limited, ExtraHop Networks Inc., Vectra AI Inc., Riverbed Technology Inc., Plixer International Inc., Cynet Ltd., Awake Security Inc., PacketSled Inc., Corelight Inc., Lastline Inc., Endace Limited, Xena Networks ApS, Garland Technology LLC, Greycortex s. r. o., Flowmon Networks a. s.

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the network forensics market in 2023. North America was the second largest region of the network forensics market. The regions covered in the network forensics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Network Forensics Market Report Structure
3. Network Forensics Market Trends And Strategies
4. Network Forensics Market - Macro Economic Scenario
5. Network Forensics Market Size And Growth
…..
27. Network Forensics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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